Government would create a national Bitcoin reserve and buy 1 million Bitcoins.
This bill would create a national "Strategic Bitcoin Reserve" to securely store digital currency for the U.S. government. The Treasury Department would buy 1 million Bitcoins over five years and hold all government Bitcoin for at least 20 years. It also lets states store their Bitcoin in this reserve and protects private citizens' rights to own Bitcoin.
Currently, the U.S. government does not have a centralized national reserve for Bitcoin, and individual federal agencies manage their own Bitcoin holdings. After this bill, the government would establish a "Strategic Bitcoin Reserve" to securely store all federal Bitcoin. The Treasury Department would also begin buying 1 million Bitcoins over five years. All government Bitcoin would be held for at least 20 years, representing a new long-term investment strategy.
S 954 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10
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7 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.